$1,800,000
Miami, FL 33127
MLS# A12063858
1 / 8
Property Description
Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport. The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery. The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom. Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment. Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 10975609.76
Listing Date: 2026-08-02
Status: Active
Original List Price: 1800000
List Price: $1,800,000
Current Price: $1,800,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33127
Subdivision Number: 20
Flood Zone: AH,X
Country: United States
Street Number: 559
Street Direction Prefix: NW
Street Name: 34th
Street Suffix: Street
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3430
Subdivision Name: DEVONSHIRE PARK SUB
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250200150
Zoning: 6101
General Property Information
Number Of Lots: 1
Lot Size Dimensions: 7150
LP/SqFt: 251.75
Property Sub Type: Unimproved Land
Lot Size Acres: 0.16
Lot Size Square Feet: 7150
Direction Faces: South
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 22352
Tax Legal Description: DEVONSHIRE PARK SUB PB 5-21 LOT 8 BLK 2 LOT SIZE 50.000 X 143
Office/Member Information
DXORIGMLSID: SEF
Current Use
Residential: 1
Other: 1
Development Status
Other: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Trees
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 251.96
Section Details
Parcel Number MLX: 0150
Status Change Information
Major Change Timestamp: 2026-08-02T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-02
Originating Details
Originating System Key: 540392316
Originating System ID: M00000151
Property Features
Current Use: Residential; Other
Development Status: Other
Other Structures: None
Possession: Close Of Escrow
Trees: Other
Listing Terms: Cash; Conventional
Lot Features: Other
Showing Requirements: Call Listing Agent
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: August - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
